COMMERCIAL.

Temuka Leader, Issue 2047, 17 May 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, May 16 th:—

Complaints from farmers reach us almost daily as to the difficulty of obtaining trucks for the transit of grain to Lyttelton. A farmer, whose letter appeared in Thursday’s Press, shows the troubles a producer in his district had to put up with. It does seem rather hard lines to have to wait at a station from 11 p.m, to 3 a.m. on the off chance of getting trucks. Seriously, this method—or rather want of method —in working the lines should be enquired into. The wheat market is firm at quotations, the last English cables having given strength to the enquiry. Millers have advanced the price of flour. Oats, except really prime heavy milling (say, 481 b to the bushel), are neglected. Barley still continues a drug, only an extensive prime parcel tempting buyers. Beans —The London market being the only outlet, values are ruled by Home prices, and they do not allow a margin over our quotations for shipment. Peas—Blue prussians of extra quality are most in demand, whilst feed sorts see but little business. Potatoes (Derwents) —Owing to the extensive shipments to Sydney from all parts of the colonies prices there have given way, and this has had a bad effect on the market here, where values have receded. Dairy Produce—The same dulness prevails both in cheese and butter that has been noticeable during the past few weeks. The following are our quotations for the week :

Wheat—Tuscan, 3s to 3s Id ; pearl, 2s lOd to 2s lid; hunters, 2s 9d. Chickwheat: Whole, 2s 4d ; broken, 2s to 2s 2d.

Oats—Milling, Is 7d ; short heavy feed, Is 6d,

Barley—Prime malting, 3s ; medium, 2s 3d to 2s 6d ; feed, Is 6d to Is 9d.

Beans, 2s 6d. Peas Prussian blues, 2s 9d to 3s; feed sorts, 2s 6d. Potatoes—Derwents,3ss, at country stations within a radius of 12 miles. Dairy Prodnce—Butter, 6d to 7d. Cheese: Small, loaf-shape, size, 3d. The above quotations are those paid to farmers for delivery, fo.b,, Lyttelton, sacks extra, potatoes excepted. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday a large amount of stock was yarded, and the sales all round were satisfactory. Fat Cattle—The supply was greatly in excess of the demand, and prices fell from 15s to 20s a head on all sorts. A large number of really firstclass bullocks were included in the entry, but a good few had to be passed as owners’ reserves were not reached. Best beef may be quoted at 16s per 1001 b. Store Cattle —A larger entry, but no improvement in quality or*price, ihe greater proportion of the entry consisted of old cows and yearlings, for which there was practically no demand. Fat Sheep—A large entry. Good sorts were scarce, the entry consisting chiefly of medium wethers and ewes. It was evident from the start of the sale that the late high rates would not be upheld, and an all round decline had to be accepted. Wethers and maiden ewes sold at 17s 2d and 16s 6d, halfbred ewes at 10s 6d to 13s, crossbred ewes at 13s 3d to 15s, halfbred ewes at 10s 6d, merino ewes at 6s Id.

Store Sbeep—A medium entry of mostly second-rate sorts. Late values were not improved upon. Lambs—Yery few good sorts were noticeable, and for inferior sorts there was not a great demand. This caused a falling off in values equal to 6d per head. Pigs A large entry, and prices again fell. DUNEDIN PEODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—Really prime samples are in good demand, but scarce, at fully last week’s quotations. Second quality is more plentiful and not so easily placed, but still commands fair attention. The market is bare of fowl wheat, which would command high prices if obtainable. Last week’s quotations may be repeated :—Milling: Prime tuscan, 3s 2d to 3s 4d ; best velvet, 3s to 3s 2d ; best red wheat, 2s lid to 3s Id; medium to good, 2s 8d to 2s lOd. Oats —Arrivals are still heavy, and stores are filling rapidly. A fair amount of business has been done at about equal to late figures, say Is 4|d for prime milling, and Is to Is 3|d for good feed. Barley—Nothing doing. Quotations nominally 2a 9d to 3s. All quotations sacks extra, ex store. Ryegrass—No business of importance passing. Dressed seed is worth 4s to 4s 6d ; undressed, 2s 6d to 3s 9d, ex store. Cocksfoot, to per lb. Potatoes—The market is without animation in consequence of large supplies forward. Quotations, £2 to £3 per ton. Chaff is in good supply, and saleable at 35s to 47s 6d per ton. Pigs—Plentiful, 2£d to 8d; rolls and flitches, 6d,

Turnips, 20a. Carrrots, 85a. Onions, £5. Btraw —Oaten and wheaten, 80s to 355. Hay, oaten, £2 10a to £3. Clover and ryegrass hay, £3 to £3 ss. Butter—Best salt has little inquiry, and we quote nominally 7d to Bd. Eggs are getting easier. Honey, 6d per lb for best extracted. CheeseFactory, large, 4d; loaves, 4^d; Akaroa, large, inferior cheese, 3d.

Sheepskins Quotations run :—v Butchers’ green crossbred, 4s 6d to 3s lOd for best, other qualities in proportion; merinos, 3s 6d to 2s 6d ; lambs, up to 4s; country skins, dry crossbred, inferior to medium, Is 3d to 4a 8d ; do merino, Is 4d to 3s 6d; full wool crossbred up to 6s 3d, and merino to 10s 6d for an extra line and 6s 3d for ordinary; station skins in bales, merino, 6Jd; crossbred, 6d.

Hides The market shows no change, ordinary supplies being readily placed at the following range of prices : Best heavy, 2fd to 3d ; medium, 2?d to 2|d ; light, 2d to 2|-d; inferior, to Ifd,

Tallow—Business is only small, but late prices are firm. Medium to good, 15s to 17s ; inferior and mixed, 12s to 14s 6d; rough fat, best, lls 6d to 12s 6d; inferior to medium, 8s 6d to 10s 6d, j | DUNEDIN HTOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted .* — Fat Sheep—3323 yarded, which number included 250 merinos. Competition was rather dull at the beginning ot the sales, but showed considerable improvement a little later on, till values steadied down to about the level of last week, except for inferior sorts, which fell in value. Best crossbred wethers made 13s 6d to 16s 6d ; ordinary, lls 6d to 13s; ewes, prime quality, 12s 6d t 0 14s 6d ; ordinary, 8s 3d to lls 6d ; merinos, 4s 6d to 6s 9d, Lambs—39o were penned, and sold at from 3s 9d to 10s 9d. Quality was not quite so good as usual. Fat Cattle—2o9 head yarded. Prices suffered considerably before the close. Cattle of good quality were very scarce, and any answering ta that description and offered earlier in the day brought fair value, at about last Wednesday’s rates. Best bullocks sold at £6 10s to £7 17s 6d—an odd pen or two a shade more; medium, £5 5s to £6 ss; light weights, £3 2s Gd to £5; cows, £2 15s to £6 10s. Pigs—7sl yarded, and prices ruled considerably lower than ever before known at Burnside. Suckers brought 6s to 9s ; stores, 15s to ; porkers, 20s to 26s ; baconors, 28s to 37s ; and extra heavy, lls. ENGLISH MARKETS. London, May 12. Thirteen thousand quarters of New Zealand wheat have been sold at 34s 6d; English is Is and foreign 6d dearer.